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[berberguy]

I have a few questions about Dogecoin and I hope to find some answers here

I know that doge is a very popular cryptocurrency , but why is it not increasing in value ?

And do you think that it may increase in value in the future ?

Are there any websites that accept doge as a payment option ? If not what is it good for then ?

Also why isn't it supported in popular wallets like Coinbase and Blockchain ?

 

[adventurer]

The developers of doge coin don't have a sustainable plan for it otherwise it should be competing with ethereum and litecoin by now , people only use it mostly for boycotting huge transaction fees .

exactly that's what make a joke for me, like having money without an economy plan that's really not gonna take you anywhere I avoid using it so much I only use bitcoin

 

[Sojib khan]

I have a few questions about Dogecoin and I hope to find some answers here

I know that doge is a very popular cryptocurrency , but why is it not increasing in value ?

And do you think that it may increase in value in the future ?

Are there any websites that accept doge as a payment option ? If not what is it good for then ?

Also why isn't it supported in popular wallets like Coinbase and Blockchain ?

Dogecoin price is not increase on because there has some trading company on doge while its not use widely like another currency used..also people Don't like to transaction with doge which also a reason why doge price Don't increase...it price will increase Only then when many company accept it as payment method..

 

[KarthikP]

Mainly reason it is not limited in supply. While bitcoin which is fluctuating in its value , has a limited supply of 21 million bitcoins.

 

[Niftyicon]

Mainly reason it is not limited in supply. While bitcoin which is fluctuating in its value , has a limited supply of 21 million bitcoins.

I think this is my best answer. The supply is unlimited, so there is no fear for its scarcity or lack of supply and when that is the case, there will always be a limit to how high the price can rise.

 

[SCAMEXPOSER]

The unlimited nature of doge coin makes it difficult to rise above it current price, I doubt if most of these new coins and the DeFi tokens are unlimited toom

 

[Josemendez]

After the last dip in the price of dogecoin , many wallets delisted the coin from their wallet because of reasons know to them . Currently most people don't believe so much in this coin anymo

 

[SCAMEXPOSER]

After the last dip in the price of dogecoin , many wallets delisted the coin from their wallet because of reasons know to them . Currently most people don't believe so much in this coin anymo

That's a retrogression to doge coin, I didn't notice probably because I don't use much wallets, trust wallet didn't delist it from their listed coins. Luno and blockchain wallet has never enlist it

 

[Josemendez]

That's a retrogression to doge coin, I didn't notice probably because I don't use much wallets, trust wallet didn't delist it from their listed coins. Luno and blockchain wallet has never enlist it

I received a memo from a wallet I use about it , I think it was from coinbase because some time ago I noticed that dogecoin is no longer in coin

 

[SCAMEXPOSER]

I know little about coinbase because I don't use it if not for https://www.beermoneyforum.com/, so it is possible they site delisted but readily available in the wallet i mentioned earlier.

 

[Josemendez]

I know little about coinbase because I don't use it if not for https://www.beermoneyforum.com/, so it is possible they site delisted but readily available in the wallet i mentioned earlier.

Yeah. I have up to 100plus dogecoin in my trust wallet , I moved it from coinbase when I got a memo about the delisting. I just hope that the coin don't die

 

[BullyMaguire]

Like fiat money, if they just keep creating and making money the value decreases, doge has no limit. So doge can only go lower and lower everytime which what i hate about it.

 

[Josemendez]

Like fiat money, if they just keep creating and making money the value decreases, doge has no limit. So doge can only go lower and lower everytime which what i hate about it.

Doge has not increased so far but this does not mean that it can't increase in the future . This is why I am trying to keep storing since I am claiming freely

 

[BullyMaguire]

Doge has not increased so far but this does not mean that it can't increase in the future . This is why I am trying to keep storing since I am claiming freely

I am storing doge coins too, since its easy enough to obtain for free. I agree while it's low right now. Just like what happened when elon mentioned the coin it just raise its value.

 

[Josemendez]

I am storing doge coins too, since its easy enough to obtain for free. I agree while it's low right now. Just like what happened when elon mentioned the coin it just raise its value.

Yeah . I believe that something similar to that tweet will happen again or that the coin will develop a strategy to make the coin rise higher .

 

[BullyMaguire]

Yeah . I believe that something similar to that tweet will happen again or that the coin will develop a strategy to make the coin rise higher .

It surely will happen again, doge is already known. Has a lot of userbase already.. one of the most popular alt too, so anything can happen!

 

[Josemendez]

It surely will happen again, doge is already known. Has a lot of userbase already.. one of the most popular alt too, so anything can happen!

Yeah . This is why we should never lose hope in the coin but to keep accumulating as much as possible so that when the coin rises we will benefit

 

[Wisdom01]

The volume of the coin is high even if they price isn't too high ,most people use the coin to bypass large transaction fee of those coins like btc ,eth since its more popular people use it